In 2023, the gross production value of avocados in Brazil was 298.71 million USD (PPP 2004–2006). From 2024 to 2028, the values are forecasted to increase as follows: 308.84 million in 2024, 319.98 million in 2025, 331.01 million in 2026, 341.93 million in 2027, and 352.74 million in 2028. The year-on-year growth rates are as follows:
• 2024: 3.4%
• 2025: 3.6%
• 2026: 3.5%
• 2027: 3.3%
• 2028: 3.5%
Over a five-year period, the Compound Annual Growth Rate (CAGR) is approximately 3.5%, indicating a steady growth trend in the avocado sector in Brazil.
Future trends to watch include advancements in agricultural technology, potential impacts of climate change, and shifts in global demand for avocados which could further influence production and market dynamics.
